SPI to sell 6.4-MW PV project in Japan buy 6 MW in California

April 3 – China-based Solar Power Inc (OTCBB:SOPW), or SPI, said Wednesday it will dispose of its entire interest in a 6.4-MW solar project in Japan, while on Thursday it announced a definitive agreement to buy 6.02 MW in California.

The company is making the Japanese deal through subsidiary SPI Solar Japan GK and for now it has not revealed financial details. The sale of the land and project development rights for a PV scheme in Susami City, Wakayama Prefecture, depends on several conditions. Completion is expected this month.

As for the purchase in California, it involves 100% in the solar plants known as “Aerojet” in Rancho Cordova. They were installed by SPI in 2009 and 2010. Subject to the completion of due diligence and other conditions, these assets are to re-enter the solar company’s existing operating portfolio.

Recommends:

New Red 30000mAh Solar Power Bank Backup Battery Charger for GPS PDA Mobile Phone
Description: ? Solar Plate Current:18.5Wh (Crystalline silicon) Cell type: Li-polymer battery Capacity: 30000mAh Input: 5.0V …

Solar Charger – Creative Edge(TM) Solar-5 Solar Panel 5000mAh Water/ Shock/ Dust Resistant Portable Backup Power Bank Pack Dual USB Charger for iPhone 6, 6 Plus, 5s, 5c, 4s, 4, iPods, iPad Mini Retina (Apple Lightning Adapter Included), Samsung Galaxy Note 3, Note 4, S3, S4, S5, Most Android/Windows Smart Cell Phones, GPS, Tablets, and Other USB-charged Devices
The Original Creative Edge Solar-5 Solar Panel 5000mAh Charger!
Charge Anywhere – Plug it into the wall to charge and take with y…

ALLPOWERSDirect Solar Charger for Smartphones – Carrier Packaging – Black
“Your Satisfaction is our Highest Priority”, contact us firstly if you have any question The reasons to choose ALLPOWERS solar cha…